The word is that the Fed’s want to start pulling out of MBS purchases. Today we talk to Barry Habib about the Fed’s slowing on MBS purchases and if it’s real, and how it might look.
Federal Reserve, Interest Rates, MBS
Barry Habib Talks Feds Slowing on MBS Purchases
admin - Wednesday April 12, 2017
Good start to understanding the economic driven world we live in today…
Hi Barry,
I’ve always wondered, if the Fed is printing money out of thin air and backing the mortgage market single handedly, especially at such sums approaching $2 trillion, what happens to all of that profit? I mean sure it’s reinvested currently at even more profit, but I’d love a professional’s opinion, there must be billions and billions in profit, does the Fed get to keep all of the money? Thanks!
THE IDEA OF FLOATING HAS ME CURIOUS. SEEMS THE RATES ARE NOT GOING DOWN.